Your first home is an investment that can increase your comfort, opportunities, and net worth. Part of getting the most out of your new residential property is having the right insurance coverage. Vance Insurance Group of Oklahoma City, OK provides customized home insurance policies for first-time homebuyers.
What Does Home Insurance Cover?
Homeowner’s insurance policies are designed to protect your financial interests. While each contract is different, there are some basic coverages you can expect from most policies.
- Liability coverage provides funds that pay for legal fees and court-ordered costs for events that happen on your property. This coverage also gives money to people who are hurt while visiting your property.
- Dwelling coverage gives you money to fix your home after it is damaged through a covered event. Talk to the agents at Vance Insurance Group, LLC for a detailed explanation of what your home insurance policy covers.
- Personal property protection ensures that you have enough cash to replace your clothing, collectibles, and other personal items after a covered event. Your agent can help you decide how much coverage you need to protect your high-value possessions.
A reliable home insurance policy protects your personal cash flow by providing funds for emergencies. For new home buyers, this is an integral part of ensuring that you can continue to live in your home, no matter what happens.
Do You Need Home Insurance?
While the state of Oklahoma does not require you to have an active home insurance policy, it isn’t a good idea to go without one. One emergency could clear out your savings and leave you struggling to maintain your quality of life.
There are many ways to customize your policy to fit your lifestyle, property, and personal circumstances. Let the expert agents at Vance Insurance Group, LLC guide you to the perfect home insurance plan for your Oklahoma City, OK residence.